HB0340

Medicare Supplement Amendments bill modifies standards for Medicare supplement insurance policies and certificates.

The Medicare Supplement Amendments bill establishes specific standards for policy provisions of Medicare supplement insurance policies and certificates. It mandates that policies and certificates have a notice stating the applicant's right to return the policy or certificate within a certain period and receive a refund if unsatisfied. The bill also allows the commissioner to adopt rules prohibiting unjust, unfair, or unfairly discriminatory policy provisions. It ensures that issuers allow enrollees to switch to a different Medicare supplement insurance plan offered by the issuer.